The University of Illinois at Urbana-Champaign will be getting more in subsidies in the state's 2020 fiscal budget. However, a report from the nonpartisan Chicago-based think tank the Illinois Policy Institute from about two years ago shows that universities in Illinois should lower their tuition rates rather than continue to fund already inflated costs with tax dollars.
Senate Republican Leader Bill Brady’s undisclosed financial interests in the gaming industry, and his public celebration with Democratic Gov. J.B. Pritzker over legislative approval of a massive expansion of gaming in the state, the budget and other controversial bills marks a new low point for the Republican Party.
The $40-billion budget that passed the state House and Senate during last weekend's overtime session in Springfield has a few head-scratching details, such as lawmaker pay raises, but a fiscal expert with a Chicago-based nonpartisan think tank said there is at least one aspect of the legislature that every Illinoisan can take to the bank: Taxpayers will pay . . . and pay . . . and pay some more.
Illinois voters who cast ballots in the 2020 General Election but elect not to fill whether the state should have a graduated income tax could be just as critical to passage - or not - of the controversial measure, according to information on a data driven website.
Illinois' powerful and longtime state House Speaker Michael Madigan (D-Chicago) apparently pulled a Friday-before-Memorial-Day surprise to push legislation for Gov. J.B. Pritzker's so-called "fair tax" out of committee and onto the House Floor.
A tax package passed by the Illinois state Senate last week to push Gov. J.B. Pritzker's revenue-raising agenda includes a property-tax freeze and other "gimmicks" that are not what they seem, the founder of an online news outlet said during a recent interview.
After unveiling his fair tax proposal that gives relief to 97 percent of taxpayers, Gov. Pritzker launched a Fair Tax Calculator today to let Illinoisans see how the fair tax will affect their families.
Health care premiums and costs will go up if Illinois Gov. J.B. Pritzker's idea to slap a tax on Managed Care Organizations (MCOs) sees the light of day, a tax expert with a Chicago-based Conservative think tank said during a recent interview.